Starbucks (NASDAQ:SBUX) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Starbucks Co. (NASDAQ:SBUX). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Starbucks stock on May 5th. The trade occurred in the Representative’s “MARJORIE IRA” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Impinj (NASDAQ:PI) on 5/5/2025.

Starbucks Stock Down 0.1 %

NASDAQ:SBUX opened at $82.71 on Thursday. The company has a market capitalization of $93.99 billion, a PE ratio of 26.68, a P/E/G ratio of 3.59 and a beta of 0.99. Starbucks Co. has a 52-week low of $71.55 and a 52-week high of $117.46. The stock’s 50 day moving average price is $91.30 and its 200 day moving average price is $97.10.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, April 29th. The coffee company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10). Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.90 billion. During the same period in the previous year, the company posted $0.68 earnings per share. Starbucks’s quarterly revenue was up 2.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Starbucks Co. will post 2.99 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Friday, May 16th. Starbucks’s payout ratio is currently 88.41%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SBUX shares. Guggenheim lowered their target price on shares of Starbucks from $95.00 to $83.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 29th. Citigroup reduced their target price on Starbucks from $88.00 to $84.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 30th. BMO Capital Markets dropped their price target on shares of Starbucks from $115.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 30th. JPMorgan Chase & Co. reduced their target price on Starbucks from $105.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, April 30th. Finally, Robert W. Baird reissued a “neutral” rating and set a $85.00 target price (down previously from $114.00) on shares of Starbucks in a research report on Monday, April 7th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $98.72.

Institutional Investors Weigh In On Starbucks

Institutional investors have recently made changes to their positions in the company. Financial Life Planners bought a new position in Starbucks during the fourth quarter worth $25,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Starbucks in the 4th quarter valued at about $25,000. Graney & King LLC bought a new stake in shares of Starbucks during the fourth quarter worth approximately $26,000. Collier Financial acquired a new position in Starbucks in the fourth quarter valued at approximately $27,000. Finally, Runnymede Capital Advisors Inc. bought a new position in Starbucks in the fourth quarter valued at approximately $27,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.